THE PROBLEM ISN'T SO MUCH THE WASTE OF MONEY...:

The Price of Secrecy: Billions (Siobhan Gorman, 6/25/10, Washington Post)

Secrecy, it turns out, isn’t cheap. The government and industry spent nearly $10 billion last year to keep government secrets secret, according to the Information Security Oversight Office.

The $9.93 billion total was a modest increase over the $9.85 billion spent in 2008. Not surprisingly, there’s been a sharp increase in spending on classifying information since 2001, when the total was $5.48 billion.

Nearly half of the 2009 costs went to securing the computer networks that store classified information. The cost of physically securing sensitive information, managing the data, and paying people to handle it each cost more than $1 billion.

...but the waste of information. The fewer eyeballs you have on the data the less likely you are to utilize it well.

Posted by Orrin Judd at June 26, 2010 7:43 AM